Examlex
A worker receiving a floor clock for having saved the company thousands of dollars in shipping costs is an example of:
Product Outputs
The final products or services that result from a company’s production process.
Open Systems Model
An approach that views an organization as an entity that interacts with its external environment, exchanging resources, information, and influences.
Transformation Process
The series of actions taken to convert inputs (resources) into outputs (products or services) in business or manufacturing environments.
Feedback Loop
A feedback loop is a process in which the outcomes of a system are circled back and used as inputs for future actions, allowing for continual adjustment and improvement.
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